6.84% JBSP 1.60% Discounted Rate from follow on rate for 2 years (XD0216) - XD0216
Initial Rate |
Initial Rate Duration |
Follow On Rate |
Max. LTV |
Application Fee |
Product Fee |
Cashback on Completion |
Repayment | Interest Only |
FTB |
---|---|---|---|---|---|---|---|---|---|
6.84% | 2 years | 8.44% | 80% | £175* | £599~ | £500^ | No | Yes | No |
- Purpose - Joint Borrower Sole Proprietor applications for purchase, remortgage, product switch and further advance. Also available for product switch and further advance for existing guarantor mortgages.
- Discount - 1.60% discount applied to our Managed Mortgage Rate for the first 2 years.
- Minimum interest - 4.34%
- LTV - Maximum 80%
- *Application Fee - £175 + Valuation Fee for purchase and remortgage applications. (£125 for further advance. £0 for product switch)
- Valuation Fees - Free for properties up to £500,000. For properties above £500,000 the standard valuation fee scale applies, less £330 discount. (£0 for further advance. £0 for product switch.)
- ~Product Fee - £599 for loans up to £500,000. (£0 for further advance. £0 for product switch.)
- ^Cashback - £500 for remortgage applications
- Early Repayment Charges - 2% for the first year, 1% for the second year
- Maximum loan - £500,000
- Minimum loan - £45,000 for purchase and remortgage. £2,000 for further advance. No minimum for product switches.
- Cost for comparison - 8.6% APRC
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